The paper employs synthetic control method (SCM) to determine the impact of trade
agreements for 64 Latin American country pairs in the period 1989-1996. The results suggest
that trade agreements have markedly boosted exports in Latin America, on an average by
76.4 percentage points over ten years. However, there is variation across countries and
agreements. The export gains due to trade agreements are lower than the world average
comprising 104 country pairs in the period 1983-1995.
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